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Virtual currencies (2020)
Book Chapter
Vessio, M., & Moorcroft, J. (2020). Virtual currencies. In Banking Law and Practice. LexisNexis

The digitisation of the financial services industry is transforming the value chain of banks and financial services providers. Legacy business models are being tested by new industry players – “fintechs” and “big techs”. The private sector is pushing... Read More about Virtual currencies.

Banking Law and Practice (2020)
Book
Vessio, M., & Moorcroft, J. (2020). Banking Law and Practice. LexisNexis

A comprehensive commentary on banking law and practice in South Africa, which includes legislation. The book contains discussions of the case law, legislation, common law principles and the work of academics pertaining to banking law with the rel... Read More about Banking Law and Practice.

Twin Peaks and the impact of the Consumer Protection Act on financial products and services (2019)
Book Chapter
Vessio, M. (2019). Twin Peaks and the impact of the Consumer Protection Act on financial products and services. In Annual Banking Law Update (ABLU). Juta Law

The Financial Sector Regulation Act came into force on 29 March 2018. The object of the Act is to achieve a stable financial system that works in the interests of financial customers and that supports balanced and sustainable economic growth by estab... Read More about Twin Peaks and the impact of the Consumer Protection Act on financial products and services.

The Financial Sector Regulation Act (2019)
Book Chapter
Vessio, M. (2019). The Financial Sector Regulation Act. In Banking Law and Practice. LexisNexis

The financial sector in South Africa comprises over 6 trillion in assets, contributing 10,5% of the gross domestic product of the economy annually, employing 3.9% of the employed and contributing at least 15% of corporate income tax. Since 2000, the... Read More about The Financial Sector Regulation Act.

Section 127 of the National Credit Act: A form of statutory repudiation – how it modifies the common law (2016)
Journal Article
Vessio, M. (2016). Section 127 of the National Credit Act: A form of statutory repudiation – how it modifies the common law. Speculum Juris, 30(1),

The interpretative and practical implications of the National Credit Act’s 173 sections, the schedules and regulations are still being seen and will be seen for many years to come, especially as the legal environment absorbs various amendments and re... Read More about Section 127 of the National Credit Act: A form of statutory repudiation – how it modifies the common law.

The Consumer Protection Act (2014)
Book Chapter
Vessio, M. (2014). The Consumer Protection Act. In Banking Law and Practice. LexisNexis

A comprehensive commentary on banking law and practice which includes legislation. Practical and concise, Banking Law and Practice contains a discussion of the case law, legislation, common law principles and the work of academics pertaining to banki... Read More about The Consumer Protection Act.

The National Credit Act (2014)
Book Chapter
Vessio, M. (2014). The National Credit Act. In Banking Law and Practice. LexisNexis

A comprehensive commentary on banking law and practice which includes legislation. Practical and concise, Banking Law and Practice contains a discussion of the case law, legislation, common law principles and the work of academics pertaining to banki... Read More about The National Credit Act.

in Duplum (2014)
Book Chapter
Vessio, M. (2014). in Duplum. In Banking Law and Practice

A short discussion on the effects of the in duplum rule upon commencement of litigation and afterjudgment: A view both 'inside' and 'outside' the National Credit Act (2010)
Journal Article
Vessio, M. (2010). A short discussion on the effects of the in duplum rule upon commencement of litigation and afterjudgment: A view both 'inside' and 'outside' the National Credit Act. Obiter, 31(3), 725 - 734

It has repeatedly been confirmed by the courts that the in duplum rule forms part of South African law, and more recently section 103(5) of the National Credit Act 34 of 2005 has concretized the rule into statutory form. This note examines the effect... Read More about A short discussion on the effects of the in duplum rule upon commencement of litigation and afterjudgment: A view both 'inside' and 'outside' the National Credit Act.

Beware the provider of reckless credit (2009)
Journal Article
Vessio, M. (2009). Beware the provider of reckless credit. Journal of South African Law / Tydskrif vir die Suid-Afrikaanse Reg, 2009(2), 274 - 289

Reckless lending is, conceptually, new to the South African legal system. Credit providers in South Africa must now be aware of what will turn them into reckless lenders and avoid practices which may lead them to suffer the legislative consequences.... Read More about Beware the provider of reckless credit.

What does the national credit regulator regulate? (2008)
Journal Article
Vessio, M. (2008). What does the national credit regulator regulate?. South African Mercantile Law Journal, 20(2), 227-242

The National Credit Act, 34 of 2005, replaced the previous consumer credit dispensation in South Africa established by the Usury Act 73 of 1968 and the Credit Agreements Act 75 of 1980. While the new Act is quite far-reaching, the administrative task... Read More about What does the national credit regulator regulate?.